Question
A acquired the net assets of B through issuing 15000 shares par value 15 JD for a price of 21 JD per share. The company
A acquired the net assets of B through issuing 15000 shares par value 15 JD for a price of 21 JD per share. The company paid 11000 JD for cost of issuing shares. Before the acquisition, P company other capital balance was 115000 JD. The balance for other capital after acquisition is:
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Financial Accounting For MBAs
Authors: Peter D. Easton, John J. Wild, Robert F. Halsey, Mary Lea McAnally
6th Edition
161853100X, 978-1618531001
